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Tag Archive: Boiler Room


Wall Street Sales Pitches

Sharing  some one liner sales pitches that became famous on Wall Street and people should really avoid them & mostblog of them used by many advisory firms and they have embraced a culture of sales and monthly quotas. If you find these pitches be afraid it’s a caveat…..

  1. “It’s like a CD.”
  2. “Buying on margin will greatly increase your returns.”
  3. “This fund did really well last year.”
  4. “As long as the music is playing, you have to get up and dance.”
  5. “Do you want the confirmation sent to your office or your mansion?” Continue reading
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Few months back I shared some of the collections of the movies on Wall Street that I have, the next in line probably would be The Wolf of Wallimages Street – The story is the memoir of Jordan Belfort, a Long Island kid who rose to become a millionaire penny stock scammer and boiler-room boss.

In the mean time-sharing some of the best movies that I saw and some quotes:

Best Line: ’I would like to know if you are on crack, if so that would explain a lot. If not, you may want to start because it’s going to be a long time before we trust you again.’  Continue reading

So the movie Boiler Room was really about Wall Street investment banks all along? Greg Smith’s book “Why I Left downloadGoldman Sachs” comes out few days back. Here are a few quotes from the script.

“Greg Smith: Goldman Sachs, and other firms on Wall Street, started learning how to use the information they were getting from their clients, in order to bet with their own money. At times, betting against their clients. And you know, that’s a real changed mentality from how do we dowhat our client wants to do?
Continue reading

So the movie Boiler Room was really about Wall Street investment banks all along? Greg Smith’s book “Why I Left Goldman Sachs” comes out few days back. Here are a few quotes from the script.

“Greg Smith: Goldman Sachs, and other firms on Wall Street, started learning how to use the information they were getting from their clients, in order to bet with their own money. At times, betting against their clients. And you know, that’s a real changed mentality from how do we do Continue reading

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